? Is your refrigerator running? This is no prank call! If its not, youll be glad you have a home warranty! A home warranty benefits both the buyer and seller of a property and can be a great marketing tool. Heres why:
? A home warranty can be purchased to ensure any repairs needed while under contract are covered.
? Oftentimes, a warranty company will offer the listing period coverage for free if the seller agrees to purchase a home warranty for the buyers.
? The investment is usually 300-600 for the warranty, but when considering the cost to repair major appliances and systems, its a bargain.
? Offering a warranty to your buyers can be a great negotiating tool and can give buyers peace of mind knowing major repairs in the first year will be covered.
? Buyers usually ask sellers to pay for the first year of a home warranty, but always have the option of purchasing one themselves.
? Provides a bit of security after making such a huge investment, especially if repairs come up for major systems such as air conditioning, heating, or plumbing.
? A warranty offers a streamlined system for requesting any type of covered repair from trusted service technicians. This can be especially helpful for buyers new to the area.
How have you benefitted from offering or receiving a home warranty? Did you extend your warranty contract after the end of the first years term? Let me know if youve saved big bucks from utilizing a home warranty!
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